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Property profile & analytics
OFF-MARKET
Auto shops

3849 Panola Rd Lithonia, GA 30038-2740

2,356 SF 1.24 ac lot Built 2019
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US22-0048029
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational, three-bay auto and tire shop ideally situated in Stonecrest, Georgia. The property encompasses a 1.24-acre lot with a 2,356 square foot main building constructed in 2019, boasting 168 feet of road frontage on Panola Road. The shop features three bays with overhead doors, facilitating easy access for vehicle servicing. Included in the sale is a substantial amount of equipment, including a large lift, wheel alignment machine, and two tire changing machines. Beyond the main building, the property includes two additional 900 square foot shops, perfect for storage or expansion, constructed on concrete slabs. A fenced perimeter enhances security and privacy. The interior comprises a well-appointed office area with a lobby, bathroom, and ample storage space. A smaller shed provides additional storage capacity. The property is zoned C1, allowing for versatile commercial use. Its prime location offers convenient access to Highway 212 and Panola Road, with close proximity to Highway 20 and Snapfinger Road, ensuring high visibility and accessibility. The area is characterized by a thriving commercial landscape, including numerous retail outlets, restaurants, and automotive businesses. The nearby Stonecrest Mall and recent residential developments contribute to a strong customer base. This turnkey operation is ready for immediate occupancy and presents a rare opportunity for a savvy investor or owner-operator. The asking price is $1,995,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2019
Total area 2,356 SF
Lot 1.24 ac (54,014 SF)
Zoning code C1
APN 16 020 01 013
UPID US22-0048029
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Ndi J Awa · 7 yrs held
Ndi J Awa
since 2019
7 recorded transactions
2019
$150,000
2013
Price N/A
2013
Price N/A
2012
$300,000
2012
$165,000
2009
$165,000
2004
Price N/A
Zoning & alternative use
C1 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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